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Australian Police Confiscate Cryptocurrency Worth $1 Million With Help From FBI
30.10.2021
The Australian Federal Police (AFP) has confirmed that the Supreme Court of New South Wales has ordered the forfeiture of cryptocurrency belonging to a convicted hacker. “The amount of cryptocurrency forfeited, more than $1.2 million, is the largest Commonwealth forfeiture...
International Operation Dark Huntor Seizes $31.6 Million in Cash and Cryptocurrencies, 150 Arrested
28.10.2021
Operation Dark Huntor, a coordinated international effort on three continents to disrupt opioid trafficking on the darknet, has led to the arrests of 150 people. According to the Federal Bureau of Investigation (FBI), the operation has also resulted in the seizure of over $31.6 million in cash...
Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets
28.10.2021
A group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal Deposit Insurance Corporation (FDIC) said, “If we don’t bring this activity inside the banks, it is going...
Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened
27.10.2021
A Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise Vest Technologies, which is accused of trading cryptocurrencies, must be reopened. CBN’s Bank Account Freeze Order Dismissed In a ruling that overturns the Central Bank of Nigeria (CBN)’s...
Puerto Rico sees resurgence of interest among crypto rich
27.10.2021
Crypto capital is moving to Puerto Rico as tax regulations are much more favorable than in the U.S. proper
US regulators are exploring policy for banks to handle crypto, says FDIC chair
26.10.2021
“Establishing clear regulatory expectations will be paramount to give this market an opportunity to grow and mature in a responsible manner,” said Jelena McWilliams
Twitter CEO Jack Dorsey Warns Hyperinflation Will Soon Happen in US and the World
25.10.2021
Twitter and Square CEO Jack Dorsey has warned that hyperinflation will soon happen in the U.S. and elsewhere in the world. “Hyperinflation is going to change everything. It’s happening,” he predicted. Many people disagreed with him, however. US Will Soon Experience...
Beijing Presses Fast-Food Chain McDonald’s to Support Digital Yuan — China’s CBDC Expected to Launch in February
24.10.2021
According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the Winter Olympics in China scheduled for February 2022. The report notes that China is also pushing companies like Visa and Nike to join in on the central bank digital...
Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations
23.10.2021
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming...
All-time highs next? Bitcoin holds $62K as the Dollar index tumbles to 3-week lows
19.10.2021
The U.S. dollar index reached its lowest levels in three weeks on Tuesday, triggering the Rising Wedge pattern
CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K
14.10.2021
Open Interest surged to $3.22 billion Thursday to levels not seen since February
Crypto adoption in sights: Regulators and industry join to fight ransomware
14.10.2021
As the crypto industry continues to develop at a rapid pace, so do the ransomware attacks, but regulators now seem ready to step in
St. Louis Fed’s James Bullard Would ‘Support Starting the Taper in November’ to React to Inflation
14.10.2021
St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of monthly bond purchases. Bullard says he would support tapering starting as early as November, in order to “react to possible...
US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle
13.10.2021
Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3%...
FBI Arrests Federal Employee Selling Restricted Data on Nuclear Submarines for Cryptocurrency
11.10.2021
A U.S. government employee has been arrested on espionage-related charges after he attempted to sell restricted data on the design of nuclear-powered warships to a foreign government. The federal employee asked to be paid in monero cryptocurrency. “I am very aware of the risks of blockchain...
Swiss think tank initiates vote to add Bitcoin in federal constitution
11.10.2021
Successful or not, the vote will bring crypto education to people who are not yet Bitcoin-savvy, 2B4CH founder said
SEC Chairman Gary Gensler: No Plan to Ban Crypto, It’s up to Congress
6.10.2021
SEC Chairman Gary Gensler says that the SEC has no plan to ban cryptocurrencies as China has done. He noted that it would be up to Congress to make such a decision. Recently, Federal Reserve Chairman Jerome Powell similarly said that the Fed had no intention to ban or limit the use...
FBI Works With Europol to Arrest Ransomware Gang, $1.3 Million in Cryptocurrencies Seized
6.10.2021
A coordinated strike involving Europol, Interpol, and the U.S. Federal Bureau of Investigation (FBI) has led to the arrest of two “prolific” ransomware operators allegedly responsible for ransom demands of up to 70 million euros. In addition, $1.3 million in cryptocurrencies were...
Bitcoin Will Become Currency in Brazil Soon, According to Federal Deputy Aureo Ribeiro
5.10.2021
Aureo Ribeiro, a federal deputy in Brazil, stated that bitcoin might become a recognized currency in Brazil soon, during an interview with local media. The politician stated that Brazilians may be able to purchase houses, cars, and even fast food at McDonald’s with cryptocurrency in the near...
Gold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction
4.10.2021
While the price of bitcoin has surged during the first few days of October, the price of the precious metal gold has also increased percentage-wise as the U.S. dollar and the country’s 10-year Treasury yields slid in value this past week. An ounce of fine gold exchanged hands this weekend...